The Asian and European butanediol (BDO) markets have faced differing availability during Q1, with Europe dealing with tightness because of the difficulty in importing volumes, while Asia supply remains more than sufficient and has seen little impact from the Red Sea disruptions. But the key issue of subdued demand, which impacted global markets in 2023, is set to persist in the short term.
- Europe tightness due to challenges in importing from Asia, hurting initial plans
- China and Asia supply adequate even with upcoming maintenances
- China import enquiries heard for arrival in Europe during second half of Q2
- Demand from downstream sectors set to stay tepid across regions
In this podcast, ICIS editors Corey Chew and Yashas Mudumbai discuss the outlook for BDO in both Asia and Europe.
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